Delta expects its adjusted earnings to nearly double to as much as $6 per share next year, above analysts' estimates.
The airline expects 2023 adjusted EPS of up to $6.Follow your favorite stocksDelta Air Lines Airbus A330-300 landing at Athens International Airport AIA ,LGAV / ATH Eleftherios Venizelos, with registration N806NW, a former Northwest Airlines Airplane.The airline expects its adjusted earnings to nearly double to as much as $6 per share next year, above analysts' estimates. It forecast a 15% to 20% jump in revenue next year from this year, which is expected to bring in roughly $45.5 billion.
Free cash flow will likely rise from more than $2 billion next year to more than $4 billion in 2024, a sharp turnaround from 2020 when Delta posted a record loss"Demand for air travel remains robust as we exit the year and Delta's momentum is building," Delta CEO Ed Bastian saidThe U.S.
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